Before you can register any vehicle in NSW you must buy a compulsory third party (CTP) personal injury insurance policy - a Green Slip.
CTP Green Slips Explained
Before you can register any vehicle in NSW you must buy a compulsory third party (CTP) personal injury insurance policy - a Green Slip. It may also be referred to as a CTP Green Slip, Greenslip Insurance, CTP and CTP Insurance.
CTP Green Slips provide compensation for people who are injured in a motor vehicle accident. They do not cover damage to property or vehicles.
Your greenslip is an insurance policy that provides a safety net (eg. income and medical benefits) for anyone injured in a motor vehicle accident in NSW. Under the new scheme, which started 1 December 2017, it doesn't matter who is at fault. A greenslip is a legal requirement for all motor vehicles registered in NSW, except trailers, which are covered by the towing vehicle.
CTP Green Slip Insurance
Compulsory Third Party Insurance (CTP), also known as a CTP Green Slip, is mandatory in NSW and must be purchased before you can register your vehicle.
It covers your liability, and the liability of anyone else who drives your vehicle, for injuries caused to others in a motor vehicle accident anywhere in Australia. It also provides you with access to medical expenses and weekly payments for lost income, for up to six months if you're injured and you're at fault.
The premiums collected for CTP Green Slips help people injured on our roads to receive the rehabilitation services and financial support they need to recover quickly.
The following people are covered under your CTP insurance.
If a person dies as a result of the accident, close relatives may also be able to claim some expenses.
Drivers who are charged with a serious driving offence in relation to the accident will not be able to claim these benefits.
Call SIRA's CTP Assist on 1300 656 919. They can help you make a claim and give you further information about the new CTP scheme.